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BusinessWeek.com -- Top News
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CEO Guide to Collective Intelligence
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Workers of the World, Innovate
Pitney Bowes, AT&T, and Electronic Arts are among the companies using software to tap workers' collective intelligence to solve problems, reduce costs, and find new markets
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Pound Rises as House Prices Climb, Euro Bank Concern Deepens
The pound reached its highest level against the euro in more than a week as a gauge of U.K. house prices unexpectedly rose and concern that sovereign-debt quality is deteriorating drove investors from the single currency.
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Transocean, Halliburton Share Blame in Spill, BP Says
BP Plc faulted its own engineers for a fatal drilling disaster that triggered the largest U.S. oil spill and said rig owner Transocean Ltd. and contractor Halliburton Co. also share the blame.
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Dow May Rise From Election Day to Year-End: Technical Analysis
Investors who bought Dow Jones Industrial Average stocks on the November election day in the middle year of U.S. presidencies since 1918 generated profits through New Year’s Eve 70 percent of the time, according to Janney Montgomery Scott LLC’s Dan Wantrobski.
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China Beats U.S. on Renewable-Energy Investor Ranking
China overtook the U.S. to lead a quarterly index of the most attractive countries for renewable energy projects for the first time, according to a list compiled by the global accounting firm Ernst & Young.
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Basel Capital Ratio Compromise Reached, Zeitler Says
Global regulators reached a compromise on capital ratios for banks that will introduce higher capital requirements over a five- to 10-year period starting in 2013, a German central bank official said.
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European Stocks Climb After Government Bond Sales; BP Rallies
European stocks rose as improved demand for government bonds from Portugal to Poland helped ease concern about sovereign debt, while shares of BP Plc rallied. U.S. index futures also advanced.
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Franc Near Record, Yen Close to 15-Year High on Growth Concern
The Swiss franc traded near a record against the euro and the yen was close to a 15-year high versus the dollar as concern that European banks will struggle amid a slowing recovery prompted investors to seek refuge.
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Which Companies Are Boosting Spending and Hiring?
Investing pros highlight outfits that are stepping up capital spending and employment amid a slow U.S. recovery
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